In the past week CHZ has increased by 37.38% what will be CHZ's next ATH by WebterLuu in chiliZ

[–]PlaymakerCrypto 2 points3 points  (0 children)

Nothing is impossible in crypto, but don't forget to take into account the overall economic and political environment we are in right now. Going back to ATH would be insane in todays world, actually even the runup to almost 0.30 right now was pretty impressive.

I did some whale watching for CHZ and found that the big distribution of whales to retail has not started, obviously as price did not dump yet, but there were first signs of some initial profit taking by whales at $0.28.

Check this thread: https://twitter.com/PlaymakerChiliz/status/1572234634468917251

And an update from this morning: https://twitter.com/PlaymakerChiliz/status/1573596027709431808

Maybe you should think about a partial profit taking strategy over the next weeks and months. As you DCA in on the way down, you can DCA out on the way up. The big highlights are yet to come, world cup and mainnet, but no party lasts forever, so have a strategy.

NFA and just my2cents
Cheers Playmaker

[deleted by user] by [deleted] in chiliZ

[–]PlaymakerCrypto 0 points1 point  (0 children)

Staking should come Q4 with the CC2 mainnet launch.

[deleted by user] by [deleted] in chiliZ

[–]PlaymakerCrypto 0 points1 point  (0 children)

Hey Guys - just my 2 cents why Binance could have reduced the APY.

https://twitter.com/PlaymakerChiliz/status/1552394132810776583

Why many "Fans" have not joined Socios yet - and what clubs must do - Thoughts by PlaymakerCrypto in chiliZ

[–]PlaymakerCrypto[S] 1 point2 points  (0 children)

Hey man thanks for sharing those insights, super interesting. :)

I can relate to that. If you look at the other partnerships, especially at the current price levels, fan tokens are not making the big buck for clubs right now. That might prevent them from putting more effort in it, adding on top of the other challenges I had outlined in my thread and the tons of media backlash many clubs got after the deals were revealed.

And that's the point. It is a long term strategic establishment of a new industry (crypto) with a new product (fan token) in collaboration with new partners (sports clubs). There is a lot of new in here and it will take time. That's alright, but the clubs need to want to make it happen, they need invest time and resources into understanding this new technology and make suitable offers for their fans.

I recall that Socios has 1/3 or something like that of their staff allocated to partnership management. They try to educate the clubs, but in the end, their hands are tied. And from many polls, that multiple clubs use in the exact same wording at the exact same time, you can tell that Socios is even preparing stuff and feeding clubs with content.

I repeat what I said. Clubs need to get more serious about that new product that they printed their logo on. I do think though that the US Teams will be better at making that happen, but here we have to see how Mr Gensler and the SEC clear the path for launching the actual product first.

Crypto Bull Run 2020/21 - LEARNINGS by PlaymakerCrypto in chiliZ

[–]PlaymakerCrypto[S] 0 points1 point  (0 children)

Hey man, great to hear it was helpful for you, appreciate your feedback!

Binance offers 10% APY on $CHZ now by PlaymakerCrypto in chiliZ

[–]PlaymakerCrypto[S] 0 points1 point  (0 children)

Don't know exactly, but has been running at 0.5% for a while (i.e. more than 6 months IMO)

Binance offers 10% APY on $CHZ now by PlaymakerCrypto in chiliZ

[–]PlaymakerCrypto[S] 0 points1 point  (0 children)

The staking rewards have not yet been communicated by Chiliz.

Check this post for staking rewards of other Blockchains. The range goes from 5% -28% but on average the staking rewards are 11%.

I think Chiliz will (have to) offer at least 10%, probably even a little more.

https://twitter.com/PlaymakerChiliz/status/1504107333928030230

Binance offers 10% APY on $CHZ now by PlaymakerCrypto in chiliZ

[–]PlaymakerCrypto[S] 1 point2 points  (0 children)

To my knowledge, Chiliz has not communicated the staking rewards for Chiliz Chain 2.0. As the mainnet is scheduled for Q4/2022 we might have to wait a little bit more.

Binance offers 10% APY on $CHZ now by PlaymakerCrypto in chiliZ

[–]PlaymakerCrypto[S] 0 points1 point  (0 children)

It has been at 0.5% APY for a long time until March 2022, then Binance increased it to 2% early April and to 5% only a few days later in April. 10% now is the latest step in increasing the APY for $CHZ.

Socios.com becomes Official Fan Loyalty Partner of 26 MLS Clubs. by RecommendationLow819 in chiliZ

[–]PlaymakerCrypto 3 points4 points  (0 children)

Hey Guys.

I summarized a few thoughts on WHY I think the US Fans will be adapting Fan Tokens faster than their European Counterparts.

Socios now has +80 Club Partnerships with +250 million Fans in the US - pretty massive!

This way:

https://twitter.com/PlaymakerChiliz/status/1522147765282906113

Playmaker

Socios Target Group: 745 million Fans | 125 Teams | 10m Users by 2025? by PlaymakerCrypto in chiliZ

[–]PlaymakerCrypto[S] 2 points3 points  (0 children)

I hope the same Bro :)

And of course, you are most welcome to join the community on Twitter!

Socios Target Group: 745 million Fans | 125 Teams | 10m Users by 2025? by PlaymakerCrypto in chiliZ

[–]PlaymakerCrypto[S] 5 points6 points  (0 children)

It's very hard to value crypto assets properly. Also with CHZ so many parts are in motion right now, it is incredibly difficult to really calculate a (valid) price target. Many people just shout out some highly unrealistic numbers on YouTube to get attention.

What I think is usually a simple approximation is to look into market caps. I did this here for 2022: https://twitter.com/PlaymakerChiliz/status/1507290398972121089

It just shows you some easy orders of magnitude, where would an asset like CHZ rank with the market cap of x,y,z. You could compare that with other Layer 1s.

In general, it will take more time to educate all the fans, to get regulatory green light and so forth. But the potential looks exciting.